Aaron Properties (Wrexham) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05441443 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Aaron Properties (Wrexham) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

P A Abrahams

R Shipper

SECRETARY:

P A Abrahams

REGISTERED OFFICE:

c/o Servlite UK Limited

Preistly Road

Wardley Industrial Estate

Worsley

Greater Manchester

M28 2LX

REGISTERED NUMBER:

05441443 (England and Wales)

ACCOUNTANTS:

TT Business Services Ltd

Chartered Accountants

3 Burwell Close

Rochdale

Lancashire

OL12 6DQ

FIXED ASSETS

Tangible assets

2

1,710

2,206

Investment property

3

1,500,000

1,501,710

1,502,206

CURRENT ASSETS

Debtors

4,504

5,323

Cash at bank and in hand

48,433

70,292

52,937

75,615

CREDITORS

Amounts falling due within one year

82,172

148,177

NET CURRENT LIABILITIES

(29,235

)

(72,562

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,472,475

1,429,644

CREDITORS

Amounts falling due after more than one
year

(530,530

)

(510,785

)

PROVISIONS FOR LIABILITIES

(42

)

(76

)

NET ASSETS

941,903

918,783

CAPITAL AND RESERVES

Called up share capital

4

2

Revaluation reserve

532,740

Profit and loss account

409,161

386,041

SHAREHOLDERS' FUNDS

941,903

918,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 August 2017 and were signed on its behalf by:

P A Abrahams - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

18,083

DEPRECIATION

At 1 December 2015

15,877

Charge for year

496

At 30 November 2016

16,373

NET BOOK VALUE

At 30 November 2016

1,710

At 30 November 2015

2,206

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 December 2015

and 30 November 2016

1,500,000

NET BOOK VALUE

At 30 November 2016

1,500,000

At 30 November 2015

1,500,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

2

Ordinary shares of

£1

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

TT Business Services Ltd

Chartered Accountants

3 Burwell Close

Rochdale

Lancashire

OL12 6DQ

25 August 2017